You may be itching to get those tax returns in ASAP. This goes double for those of you expecting a refund. However, you should not file before January 31 in most cases, as that is the deadline for all your business partners to send any tax forms. But if you can’t wait, here are 5 2026 early tax preparation tips for Texans.

1. Create or Update Your Profile at IRS.gov

Individuals, businesses, and tax professionals can all create a free account by signing up here. Just an individual account can help you get access to your refunds, payments, and tax records – as well as important notifications. Better yet, you can use this data to make sure it matches what you have. Already have an account? Log in to make sure everything is up to date with your current information.

Did you know? Approximately 265 million tax returns were filed in 2024, the latest year for which data was available? Over 82% of these were filed electronically. Source: IRS

2. Have all of Your Documents Ready

You will need all of your important documents regarding income including: W-2s, 1098s, 1099s, K-1s and more. You’ll also need to chart your eligible deductions and credits such as for charitable donations, mileage, child care, healthcare expenses, home interest, retirement contributions, and more. In addition to storing all your physical copies in a file folder, you should also keep your documents stored safely in a digital manner. Remember that if you’re receiving a tax document, so is the IRS.

3. Maximize Retirement Fund Contributions

It’s still not too late to contribute to an eligible retirement account even though 2025 is over. This includes to 401(k), IRA, and even HSA accounts. This will lower your taxable income, as well as accrue in value over time. You generally have until the end of tax season to do so. Consult with your tax preparation expert for when to claim, and how much is the ideal amount to contribute.

4. Take Advantage of New Deductions and Credits

Make sure you are aware of the new OBBBA deductions including higher standard deductions, benefits for seniors, and more. We also recommend to be ready to keep track of your tips and overtime for next year. Start tracking all of this at the beginning of the year to ensure your accuracy for next year.

More on the 2026 Early Tax Preparation Tips for Texans

Are you going to be ready to file as soon as you can? Feel free to contact us to help get you filed and all done in both your family and business returns.